Answer / shilpa

Sundary Debtor : who owes money to business

Sundary creditors : business owes money

Answer / venkatreddy

sundry debtors current assets
sunry creditors current libalites

Answer / srikanth

Sundry debtor is current asset of the company & Sundry
creditor is the current liability of the company. When the
Goods are sold on the credit basis, the party to whom the
sales are made they are treated as sundry debtors. And when
we purchased the goods from the Supplier on credit basis
then the supplier will become Sundry creditor.

Ex: A sold goods to B on credit basis. Here in this
transaction " A "becomes sundry Creditor to " B ",
and "B "becomes sundry debtor to "A".

Answer / mohit tomar

Sundry Debtor is that whom we credit sold of goods & they are current assets for company, and Sundry Creditor is that from whom we purchase goods on credit, & they are current liability for company..

Answer / guest

Asset

A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

5 Answers   CTPL,

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what will come under debit and credit side in trial balance please give me answer

15 Answers   BMCC, Genpact, HF, UNSW,

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Is all receives are income or all income are receives.and which is the receive that is not income.

2 Answers  

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what is fund flow statement??

2 Answers   Siemens,

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How to calculate PF with example

18 Answers   manappuram, Meta Arch, The Chennai Silks,

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describe the rule of garner vs murray and how it relates to the dissolution of a partnership

1 Answers   Chevron,

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What are the differences between debit and credit?

3 Answers  

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difference between stock and share

2 Answers   Genpact,

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what will be the entry of income tax paid in partnership firm.

3 Answers  

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what is Journal entry or Journal Voucher

9 Answers   DuPont,

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what will be the treatment of tds deducted by clients if the it is private company

1 Answers  

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Journal entry for Salary paid 100000/- in which (1)pf (2)esi (3) professional tax included

2 Answers   BPO,

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